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National Daily Direct Hogs - Morning

Last Updated 4/19/2019 | View 1440 Archived Reports

LM_HG202
Des Moines, Iowa                Fri, Apr 19, 2019               USDA Market News

NATIONAL DAILY DIRECT MORNING HOG REPORT
PLANT DELIVERED PURCHASE DATA FOR Friday, April 19, 2019
(Includes information from 1:30 PM to 9:30 AM.)

                          CURRENT VOLUME BY PURCHASE TYPE
                      BARROWS & GILTS LIVE AND CARCASS BASIS

                                      Estimated     Actual     Actual     Actual
                                          Today      Today   Week Ago   Year Ago
Producer Sold
Negotiated                                4,187      2,519      3,501      5,202
Other Market Formula (Futures/Options)   44,826     42,709     47,257     22,200
Swine or Pork Market Formula            106,321     96,786     75,286     95,405
Other Purchase Arrangement               64,890     58,354     44,967     67,610
Negotiated Formula                          909        909        908      1,484
Packer Sold (all purchase types)         15,539     15,539     10,852      3,958
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,460

Compared to Prior Day's closing weighted average (LM_HG200),  2.12 higher

Base Price Rng $72.00 - $82.00, Wtd Avg $80.05, 5 Day Rolling Avg $77.44
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 0                     5 Day Rolling Avg $--
--------------------------------------------------------------------------------
        COMBINED NEGOTIATED & NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 2,460

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
               NATIONAL DAILY DIRECT NEGOTIATED HOG PURCHASE MATRIX
           REPRESENTING INDIVIDUAL PACKER CARCASS MERIT BUYING PROGRAMS
       based on both Fat and Muscle Measurements for a 200 lb Carcass Basis

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
                           CARCASS WEIGHT DIFFERENTIALS

    145#   -32.00-14.62          175#   -4.00  1.00          205#    0.00  3.00
    155#   -30.00 -9.00          185#   -1.00  1.50          215#   -0.25  3.00
    165#   -15.00 -3.37          195#   -0.50  3.00          225#   -2.25  1.00
--------------------------------------------------------------------------------
                  MEASUREMENTS BASED ON SLAUGHTER DATA SUBMITTED

*Price not reported due to confidentiality*
--------------------------------------------------------------------------------
          SWINE OR PORK MARKET FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (carcass basis): 95,602

Base Price Range $74.20 - $84.29, Weighted Average $80.57
--------------------------------------------------------------------------------
                   NEGOTIATED PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 1,239

Compared to Prior Day's closing weighted average (LM_HG200), 0.21 lower

Price Rng $50.75 - $61.75, Wtd Avg $57.43, 5 Day Rolling Avg $58.61
--------------------------------------------------------------------------------
               NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 909

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
    COMBINED NEGOTIATED & NEGOTIATED FORMULA PURCHASE (Including Packer Sold)

Barrows & Gilts (live basis, 240-320 lbs): 2,148

*Price not reported due to confidentiality* 5 Day Rolling Avg $--
--------------------------------------------------------------------------------
BARROWS & GILTS PURCHASE BY STATE OF ORIGIN

Canada                  961               Georgia                  180
Iowa                 86,155               Illinois              13,204
Indiana              11,533               Kansas                 2,207
Kentucky                710               Michigan               1,333
Minnesota            44,893               Missouri               2,918
Montana                 214               North Carolina        14,707
Nebraska             10,982               Ohio                   4,602
Oklahoma              2,518               Pennsylvania           1,974
South Carolina          180               South Dakota           1,972
Wisconsin               155
--------------------------------------------------------------------------------
*Price not reported due to confidentiality, for more information visit: 
www.ams.usda.gov/sites/default/files/media/ConfidentialityGuidelines.pdf

*Base Price is the price from which no discounts are subtracted and no premiums
are added.

Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain

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